Wisconsin has a 21 day timeline for landlords to account for any damages and refund the deposit, so if your State is similar, could also remind the seller of those statutes and that you can't just ignore these funds (like pro rating any rent the month of closing where you should be entitled to the portion from closing to the end of the month)

.🔥 #3: The Rich Will Get Richer—So You Better Play the GameIf Trump wins, expect major tax cuts for businesses and investors.Expect lower corporate tax rates, more deductions for business owners, and a friendlier tax code for those who actually know how to use it.He’ll defund the IRS and possibly eliminate the “External Revenue Service” altogether, making audits and enforcement less aggressive.This will favor business owners, investors, and high-net-worth individuals.💰 What am I doing?

I wanted to help them out and minimize their loss and saw an opportunity to get a property slightly below market because of my commission savings, immediate mortgage and maintenance relief, in addition to keeping a lower short term interest rate How did you find this deal and how did you negotiate it?

That said, delivering this level of quality requires a significant investment of time and attention on every engagement, which is why I simply can’t charge low rates.

Since you haven't started the project yet, use this time to network with lenders to see who offers the best terms....seasoning, rate, leverage and pre-payment penalty terms. 

The numbers are in line with anyone who starts a business, it's like a 90% fail rate to be an entrepreneur.

This can’t have a lower rate of theft/fraud.

If it's already turnkey that means you're paying higher rates than necessary when you could put 20% down and get a DSCR loan with lower rates and fees. 

Thankfully we are commercial bank clients so our rates are as low as you can get in the market place for anyone who is not Lennar or DR horton or those types.

You can tweak the answers given by it, like remove pm if you're not using pm etc, or change interest rate.